Advice on property sale

[Joshua Easters]

Hi Everyone!

A few years ago, I purchased 2 vacant lots outright for a total of $24,000. I am now selling them and set to close this week at a sale price of $50,000. I would like to reinvest that money into a rental this year to avoid capital gains, but am curious as to how that should be structured. If I buy a rental, I am going to set up an LLC and run the purchase and business aspect through that. If the LLC buys the rental, how could I properly use the gains from the lots which I owned personally to buy through the LLC to qualify as 1031?

Thank you!